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Honda Odyssey Prices Paid and Buying Experience

20362 messages,  Last post on Sep 07, 2008 at 12:19 PM

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What is this discussion about? Honda Odyssey, Van

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#12145 of 20362 Bought Ody EX-L W/ RES & NAV by 75boxer Mar 28, 2006 (8:56 am)
This board helped me alot, so I wanted to share my experience.   Prior to doing research, I drove the Odyssey and loved it. At that time I was pegging $32500-$33000 for an EX-L w/ NAV & RES. Then, I found this board.   I ended up purchasing from Honda of Mentor in Ohio. The dealership is a little over an hour from my house in PA. Price paid was $31,000 + $149 (Splash Guards) + $125 Doc & fees. OTD was $31,274. They were very organized and had everything lined up for me when I got there. If it were not for a minor navigation snafu I would have been in and out in under an hour. They were even able to get me 5.59% 60 month financing (Best i got on Lending Tree was %5.75%). Overall, very positive and I highly recomend them.   Local Dealership (Erie, PA) was not willing to go below $31,700 +Doc fees.   The van has been great so far (500 miles); although I feel like we have only touched on learning all of its features.
#12148 of 20362 Re: Bought EX-L with NAV/RES in Dallas, TX [sanketg] by highender Mar 28, 2006 (6:13 pm)
Replying to: sanketg (Mar 27, 2006 11:45 pm) You guys are lucky...   Here on the west coast....dealers lie alot about how they cannnot make money...   Even when I tell them that we know about the dealer holdback...the end of month incentives, the group bonus, etc.....   At invoice...they are still making thousands....   But here in SF/Bay Area....all prices are above invoice...if you are lucky. If not, they go down from MSRP ...and tell you its the best price in the country. Replies to this message: thebill (Mar 28, 2006 6:32 pm) highender (Mar 28, 2006 11:28 pm) pusterracing (Mar 29, 2006 8:47 am) cobra427man (Mar 29, 2006 4:47 pm)
#12149 of 20362 Re: Bought EX-L with NAV/RES in Dallas, TX [highender] by thebill Mar 28, 2006 (6:32 pm)
Replying to: highender (Mar 28, 2006 6:13 pm) Please be careful with your assumptions into how much profit we make. I highly advise you to re-read the Edmunds article on holdback before making comments about it b/c you obviously know nothing about how it works.   Holdback money is net money that we recieve to recoup marketing, advertising, floorplan, and all other general business expenses ie: electric, water, payroll, local taxes and fees and permits etc....   by the way....Ody's have never had a dealer cash or special incentives...sometime I wish they did. There is also no way you could have knowledge about any bonuses or incentives that Honda may offer a dealer for selling a certain amount of new or certified pre-owned vehicles unless you are in the business or know someone that is.   Explain to me how we can make "thousands" selling a Ody at invoice. Or better yet, a civic. Replies to this message: highender (Mar 28, 2006 11:28 pm) pusterracing (Mar 29, 2006 8:47 am) cobra427man (Mar 29, 2006 4:47 pm)
#12150 of 20362 Re: Bought EX-L with NAV/RES in Dallas, TX [thebill] by highender Mar 28, 2006 (11:28 pm)
Replying to: thebill (Mar 28, 2006 6:32 pm) Hello mr salesman:   Yes....the mere fact that dealers make money at $1000 below invoice....means that at invoice...you guys make at least $1500...probably more ? My guess.   Of course...there may be announced and unannouced incentives...   an example of announced incentives is the one where Mercedes offered $2000 below invoice....so my friend and I bought a C230 for only $29477 , out the door....   Research on numerous car sites indicate there are factory to dealer incentives , as well as bonuses.....   I do not know what the details for Odyssey is...but I am sure only the owner or general manager knows...   Maybe you can come clean...and tell us the real truth ?
#12153 of 20362 Re: Purchased EX-L w/ RES [highender] by astankovic Mar 29, 2006 (7:18 am)
Replying to: highender (Mar 27, 2006 9:09 pm) Hi highender,   No navigation just RES. We looked in the lazy susan and they were not there. They should be in the mail now according to the salesperson.   I tried with two local dealerships before we went to Crystal Lake. I spoke with a sales person from Gurley Leep Honda in Elkhart, IN and he was very nice even though he couldn't do a deal at that price. He even called me a couple of days later to see if I bought the car.   On the other hand the experience at Basney Honda in South Bend, IN left me speechless. The sales person literally got mad when I told him the price I was offering and made a scene at the dealership that all the customers that were there looked at us weird. We walked out of there embarrassed and with a promise never to go to that dealership again.   I am all for supporting local business but when they are jerks and unprofessional I'll rather drive 3 hours or heck buy it online. Sorry for venting here, but they really made me upset Replies to this message: pusterracing (Mar 29, 2006 8:58 am)
#12154 of 20362 Re: Bought EX-L with NAV/RES in Dallas, TX [wwdcatc] by pusterracing Mar 29, 2006 (8:47 am)
"He stated that the dealer would make anywhere from $100 - 200 per vehicle sold. That is an extra $100,000 - 200,000/month."   Actuallt that is an "extra" $10-20K, not $100-200K.

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